General Discussion Topics, page-94228

What yesterdays LTR offer did was put a $US1578t value on the contained Lithium at its Kathleen valley resource taking into account permitting already done and a plant partially complete .
if one were to apply the same $US1578t value to our net contained Lithium at Authier and NAL of approx 1.3mt x $US1578 we come up with $US 2b or $A 3b and we have a plant up and running.

Obviously its not an exact science as many factors come into play such as our current OT which constrains revenue but does have a Carbonate plant next door largely built, however it gives a guide to what can be paid for large resources close to production ( with considerable spending still required in the case of LTR), NAL is a large resource , producing and fully paid for and close to the North Americam market and infrastructure.

Of course the above does not include Moblan ...Moblan is looking to be another large resource but is undeveloped witha lot of permitting and spending ahead of it hence would have a lower contained Litium value...at the moment...

Cheers Whisky